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$15m boost for NTU medical school's research on AI in medicine

The Straits Times

|

May 16, 2025

Nanyang Technological University has received a $15 million injection to boost its research into the use of artificial intelligence in medicine, which will be led by its Lee Kong Chian School of Medicine (LKCMedicine).

- Zhaki Abdullah

$15m boost for NTU medical school's research on AI in medicine

The donation will also go towards research on using technology to care for patients in hospitals and at home, with the aim of allowing LKCMedicine to deliver better healthcare outcomes and develop meaningful medical innovations for patients.

Named for the late businessman and philanthropist Lee Kong Chian, LKCMedicine was established in 2010 as Singapore's third medical school.

The endowed gift was provided by the Sim Foundation, a private family foundation established by Singaporean businessman Sim Hoay Cheok in 2018 to involve his family in philanthropy.

An endowed gift is one where the principal sum is preserved and invested to earn returns to support the purposes of the donation.

The endowed donation will begin with an initial $5 million in 2025, and continue over the next decade.

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